Apple 10298 Published by Bob 0

By most measures, Apple had a banner third quarter. It beat Wall Street's expectations for earnings, posting revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare with revenue of $5.41 billion and net quarterly profit of $818 million, or $0.92 per diluted share, in the year-ago quarter.

Cautious Guidance Nicks Apple

Apple 10298 Published by Bob 0

In the Soviet days, Russians asked their American friends to bring blue jeans, rock records and other Western goods into the country. Today Russians can buy almost anything they want here -- but they are still begging for one item: Apple's slick iPhone. The new iPhone went on sale in 21 countries July 11 and will soon be released in 70 nations.

The iPhone Wanders Outside Apple's Realm